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20121228
20121228
Search Results 0 to 6 of about 7 (some duplicates have been removed)
billion-dollar spending bill for hurricane sandy relief, it is a bit conversional it include something spending items that had nothing to bowith the storm or the victims like a new roof for the smithsonian. we'll keep you posted. >> coming up, fists are flying, newports could be closing. the union fight that could hit you right in your wallet. then, why if you are pretty, things could get ugly. it now is legal to fire women just because they look like kate upton. tom: thousands of dockworkers are threatening to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be wespread across all industries, including retail, manufacturers who rely on inputs to production, farmers tryi
received so many gifts since the december 14th shooting at sandy hook elementary that a local official has asked people to stop sending items like teddy bears and blankets, because postal workers can't handle the volume. officials say they should donate the items to needy children and families in their own community instead. >>> another sign that people are truly worried about the fiscal cliff. an index that tracks consumer confidence fell more than expected in december, to 65.1. now, that's down from 71.5 reading in november, and well below the estimate of 70. barclay's economist deen mackey tells us, consumers, quote, recognize they face a large, potential drop in income if no agreement on the fiscal cliff is regioned soon. -- reached soon. let's hope washington is listening. >>> environmental protection agency administrator lisa jackson has announced that she will step down from her post after the president's state of the union address in february. in a statement, jackson says she's leaving the epa, quote, confident the ship is sailing in the right direction. >>> russian president vladi
. lawmakers are working on the foreign intelligence surveillance bill and also emerged to funding for sandy recovery efforts. the house and senate standing by to consider any fiscal cliff update. we had an update earlier from a reporter covering the issue. host: let's begin with david lightman. white house. the best sense of what you think the dynamics will be inside the room at the 3:00 p.m. meeting. guest: it wouldn't shock me if we're talking 72 hours from now. the deadline is 11:59 on the 31st. we have seen this on and on. there are five people that know what is going and they are talking. host: let's walk through the scenarios that we can expect. the meeting is at the white house. democrats and republicans. this is the first time they have met since the election. guest: november 16 was the only time they met. it is good news they are talking. are they going to keep talking? will they say, "we will see everybody tomorrow." they would keep talking. what is going to happen on the floors of the house and senate. the senate needs to extend the tax rates a year and amended and that can be do
and this thing will start to pick up speed. fed policy is good. we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that comparison? it seems t
Search Results 0 to 6 of about 7 (some duplicates have been removed)